Gross rental yield refers to the gross yield produced by a rental property. It's simply a function of the rent collected over the course of a year expressed as a percentage of the property's market value. A rental property with a market value of $100,000 that generates $10,000 in rental income each year would have a gross rental yield of 10%. Gross rental yield is not reflective of the actual profits (if any) an investment property generates. A Gross Rent Yield when the value is > = 7% will have a green; when < 7% and > = 5% yellow; when < 5% red.
Formula : (Leased Price x 12) / Sold Price
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